Yield Millionaire

EarnPark vs Backpack

EarnPark Logo

EarnPark

EarnPark is a crypto investment platform that provides financial services to users looking to earn interest using cryptocurrencies. They are developing and automating their own strategies in CeFi and DeFi markets. EarnPark uses both liquidity prov...

Backpack Logo

Backpack

Backpack Exchange, is a fully regulated cryptocurrency exchange built by the team behind the Solana-native Backpack Wallet and the Mad Lads NFT collection. Backpack Exchange is licensed and regulated in multiple jurisdictions. It offers deep liqui...

Platform
EarnPark Platform
Backpack Platform
Bonus
Token
Founded
2017
2022
Headquarters
UK
Tokyo, Japan
Availability
Worldwide (services limited in the US)
Worldwide (lending unavailable in US, a few states restricted)

Cryptocurrency Rates

BTC Rate
7%
0.03%
BTC Max
ETH Rate
7%
0.04%
ETH Max
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
7%
6.75%
Stablecoin Max

Fees & Financial

Compounding
Yes
Yes
Payouts
Daily
Fees
Yes (network fees)
Lockup
None
Maker Fee
0.08
Taker Fee
0.1
EarnPark Logo

EarnPark Pros

  • Good interest rates
  • Wide amount of supported assets

EarnPark Cons

  • Rates will fluctuate
  • Multiple yield strategies are confusing and earn differently
  • Funds may be hard capped
Backpack Logo

Backpack Pros

No pros listed

Backpack Cons

No cons listed


Earn Interest on Crypto

Bitcoin logo BTC Bitcoin Ethereum logo ETH Ethereum Solana logo SOL Solana Ripple logo XRP Ripple Litecoin logo LTC Litecoin Dogecoin logo DOGE Dogecoin Circle logo USDC Circle Tether logo USDT Tether